Well if Shenzhen Hepalink decides to convert the debt (debentures) for equity in the company they would come very close to owing 50% of Resverlogix if the share price stays at single digits, between now and May 13, 2024.
They could call in the loan. I bet the former.
They could choose to extend the debt for another year. They have played ball thus far if that's any indication
Koo